Teledyne Acquires TransponderTech from Saab to Expand Maritime Solutions

Teledyne Technologies has agreed to acquire TransponderTech from Saab AB, expanding its maritime product portfolio with connected commercial maritime products, including AIS, VDES, and GNSS technologies. The acquisition is expected to be completed in Q4 2025 and will become part of Teledyne FLIR's Maritime group. TransponderTech is a pioneer in developing the next-generation maritime AIS solution, VDES, which offers enhanced security and expanded data exchange capabilities.

Teledyne Technologies Incorporated (NYSE: TDY) has entered into an agreement to acquire TransponderTech from Saab AB, a move that will significantly expand its maritime product portfolio. The acquisition includes a portfolio of connected commercial maritime products, including Automatic Identification System (AIS), VHF Data Exchange System (VDES), and Global Navigation Satellite System (GNSS) technologies [1].

Based in Sweden, TransponderTech provides class-leading, SOLAS (Safety of Life at Sea)-certified communications and navigation solutions for commercial maritime, military, and airborne applications. The company is renowned for its high-quality, accurate products that perform reliably in the most challenging conditions. These include advanced solutions designed to counter GPS/GNSS jamming and spoofing threats in the maritime domain [2].

TransponderTech is also a pioneer in developing the next-generation maritime AIS solution known as VDES. VDES transponders offer enhanced security, expanded data exchange capabilities, and interoperability with low Earth orbit satellites, enabling global coverage for maritime operators [1].

The acquired business will become part of Teledyne FLIR’s Maritime group, which includes Raymarine, FLIR Marine, and ChartWorld. According to Grégoire Outters, Vice President and General Manager of Teledyne FLIR Maritime and Raymarine, "TransponderTech serves customers and markets familiar to Teledyne and designs and manufactures products that are complementary to existing Teledyne products. Adding TransponderTech’s business, employees, and advanced AIS, VDES, and GNSS technologies to Teledyne should enhance the safety, efficiency, and operational reach of our customers at sea" [1].

The acquisition of TransponderTech will represent Teledyne’s twelfth corporate carve-out transaction and the third carve-out completed in 2025. The transaction is subject to customary closing conditions and anticipated to be completed in the fourth quarter of 2025 [1].

Teledyne is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. The company's operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe [2].

References:
[1] https://www.stocktitan.net/news/TDY/teledyne-to-acquire-transponder-tech-from-ej650r9fuw43.html
[2] https://www.marketscreener.com/news/teledyne-to-acquire-transpondertech-from-saab-ce7c50dfd18aff26